The four most common types of information systems, TPS, MIS, DSS, and ES, are common in ____.

A. all industries
B. all professions
C. both a. and b.
D. neither a. nor b.


Answer: C

Business

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Many ______ are not uncovered until the products reach the hands of consumers.

a. transportation Issues b. quality and safety issues c. currency and exchange rate risks d. import/export restrictions

Business

Gary, Louise, and Brian, who own competing gas stations in town, happen to see each other at a restaurant one morning and have breakfast together. While talking, they decide to set their gas prices at the same amount. They have committed an illegal act only if the agreed price is unfair to consumers

a. True b. False Indicate whether the statement is true or false

Business

Assume that you are willing to postpone consumption today and buy a certificate of deposit (CD) at your local bank. Your reward for postponing consumption implies that at the end of the year ________

A) you will be able to consume fewer goods B) you will be able to buy the same amount of goods or services C) you will be able to buy fewer goods or services D) you will be able to buy more goods or services

Business

Modern law holds that an employer is liable for an intentional tort committed by an employee for the purpose of furthering the employer's business

Indicate whether the statement is true or false

Business